Intellectual Property Securitization: Alternative Funding Source in Corporate Finance - Couverture souple

Kirsch, Alexander C.K.

 
9783639402841: Intellectual Property Securitization: Alternative Funding Source in Corporate Finance
Couverture souple
ISBN 10 : 3639402847 ISBN 13 : 9783639402841
Editeur : AV Akademikerverlag, 2012

Synopsis

Revision with unchanged content. Funding corporates with high expenditures for reseach and development and an asset side that is hence characterized by a high portion of intangible assets is one of the most challenging disciplines in corporate finance. Due to the still existing lack of pragmatic and sophisticated evaluation methods for intellectual property, these corporates’ dependence on bank lending does not seem to end in the nearer term. Starting with the Bowie Bonds in 1997, securitization of intellectual property as a potential funding alternative appeared on the scene. Capital market investors now have the opportunity to diversify their portfolios with unique investments such as royalties from sales of an AIDS drug, revenues from James Brown’s music or even the success of the latest Hollywood blockbusters. Ten years after the first transaction was closed, today most of these corporates still depend on bank lending. Based on an introduction of general challenges of corporate funding, the author Alexander C. Kirsch provides a broad overview of the world of intellectual property. Extensive market research and practical examples help to explain benefits and drawbacks of the securitization instrument in that context.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

Revision with unchanged content. Funding corporates with high expenditures for reseach and development and an asset side that is hence characterized by a high portion of intangible assets is one of the most challenging disciplines in corporate finance. Due to the still existing lack of pragmatic and sophisticated evaluation methods for intellectual property, these corporates’ dependence on bank lending does not seem to end in the nearer term. Starting with the Bowie Bonds in 1997, securitization of intellectual property as a potential funding alternative appeared on the scene. Capital market investors now have the opportunity to diversify their portfolios with unique investments such as royalties from sales of an AIDS drug, revenues from James Brown’s music or even the success of the latest Hollywood blockbusters. Ten years after the first transaction was closed, today most of these corporates still depend on bank lending. Based on an introduction of general challenges of corporate funding, the author Alexander C. Kirsch provides a broad overview of the world of intellectual property. Extensive market research and practical examples help to explain benefits and drawbacks of the securitization instrument in that context.

Biographie de l'auteur

studies of economics (specialization inbanking) at Mannheim University of CooperativeEducation as well as postgraduate studiesat Frankfurt School of Finance and Management(specialization in investment banking);currently working for the international propertyfinancing specialist Aareal Bank AG in Wiesbaden/Germany as Senior Manager in thebank's Credit Treasury department.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
AV Akademikerverlag
Date d'édition
2012
Langue
anglais
ISBN 10 
3639402847
ISBN 13 
9783639402841
Reliure
Broché
Nombre de pages
160
Coordonnées du fabricant
non disponible
Personne responsable
non disponible

Autres éditions populaires du même titre

9783836408745: Intellectual Property Securitization

Edition présentée

ISBN 10 :  3836408740 ISBN 13 :  9783836408745
Editeur : VDM Verlag Dr. Mueller E.K., 2007
Couverture souple